Southeastern Florida Communities Suffer From “The Prospect Of Prosperity”
Boca Raton, Delray Beach and Palm Beach County suffer from what some call “the problem of prosperity”. Yes, Palm Beach County is a great place to live. But the folks who do something other than clip coupons, or who are otherwise not saddled with work can no longer afford to live here. The problem is the meteoric rises in both land and home costs. There is virtually no place left for those who must actually work for a living, to live.
Teachers, fire fighters, policeman and health care workers are among many others who are finding it less attractive to live and work in Palm Beach County because of the expense. Those people are leaving the county in significant numbers. In Florida as a whole the net migration continues to be positive. About 1,900 people a day are moving in, while about 970 a day move out. And that’s through the end of 2006. Despite the devastating 2004-05 hurricane season, Florida should exhibit a similar trend in 2007.
Affordable housing of any kind is no longer merely a rhetorical question. If such housing is not provided, and provided both systematically and in large quantities in the next 20 years, then Palm Beach County is going to suffer lower and lower quality public and private services, because less and less qualified people will be willing to undergo long, daily commutes.
Real estate agent Caesar Parisi stands ready with effective advice on buying or selling Boca Raton FL condos.
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